$CURRENT_DATE

$EMPLOYEE_FIRST_NAME
$PERMANENT_ADDRESS1

OFFER LETTER

Dear $EMPLOYEE_FIRST_NAME,
Subsequent to the discussions we had with you, we are pleased to offer you the
position of $DESIGNATION_NAME at Stellapps Technologies Pvt. Ltd. You are
required to join us on or before $DATE_OF_JOINING post which this offer will no
longer be valid unless an extension has been mutually agreed in writing.

The detailed break up of compensation is given in Annexure I. Please note that

your compensation structure is confidential between Stellapps & you, and you are
requested not to share details of the same with others.

We are confident that your contribution will help us take the organization to
greater heights. We look forward to on-boarding you at Stellapps and a mutually
beneficial association.

For Stellapps Technologies Pvt. Ltd.

Keerthi Kamasamudra
Human Resources Head

This is a computer generated document and does not require signature

 ANNEXURE – I

Name: $EMPLOYEE_FIRST_NAME

Fixed Salary Component

SALARY DESCRIPTION ANNUAL SALARY MONTHLY SALARY

BASIC SALARY $BASIC 16,000
HOUSE RENT ALLOWANCE 61,164 5,097
STATUTORY BONUS 15,996 1,333
SUB TOTAL - A 2,69,160 22,430
COMPANY’S CONTRIBUTION TO RETIRALS    
PROVIDENT FUND 21,600 1,800
SUB TOTAL - B 2,90,760 24,230
GRATUITY* - C 9,240 770
TOTAL (A+B+C) 3,00,000 25,000

NOTE:
1. Amounts under flexible components will be paid out every month along with
the rest of the Salary.
2. Tax exemption will be considered if the employee submits appropriate bills.
3. IT exemption for LTA can be availed twice in a block of 4 years.
4. * Gratuity will be payable as per the Payment of Gratuity Act.
5. Variable Pay will be paid based on performance and as per company
policies.

For Stellapps Technologies Pvt. Ltd.

Keerthi Kamasamudra
Human Resources Head

This is a computer generated document and does not require signature